Hanmi Financial: High Dividend Yield Is Safe From A Negative Earnings Outlook [Seeking Alpha]
Hanmi Financial Corporation (HAFC)
Last hanmi financial corporation earnings: 4/30 04:10 pm
Check Earnings Report
US:NASDAQ Investor Relations:
hanmi.com
Company Research
Source: Seeking Alpha
I've reduced the net interest margin estimate following the first quarter's disappointing performance. Yields are already showing signs of pressure. I've reduced my earnings estimate to $2.18 per share for 2024 as I've reduced both my loan growth and margin estimates. HAFC is offering an attractive dividend yield of 6.3%. Despite the earnings outlook, I'm not expecting any dividend cut. The December 2024 target price suggests a high upside from the current market price. In my opinion, the market seems to have overreacted to the earnings outlook. Earnings of Hanmi Financial Corporation (NASDAQ: NASDAQ: HAFC ) will likely decline this year on the back of margin contraction. Pressure on asset yields was already visible during the first quarter. I'm expecting the company to report earnings of $2.18 per share for Recommended For You Recommended For You
Show less
Read more
Impact Snapshot
Event Time:
HAFC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HAFC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HAFC alerts
High impacting Hanmi Financial Corporation news events
Weekly update
A roundup of the hottest topics
HAFC
News
- Levi & Korsinsky, LLP Notifies Shareholders of Hanmi Financial Corporation (HAFC) an Upcoming Claims Deadline in a Class Action SettlementAccesswire
- Levi & Korsinsky, LLP Notifies Shareholders of Hanmi Financial Corporation (HAFC) an Upcoming Claims Deadline in a Class Action SettlementAccesswire
- Hanmi Financial to Participate in the D.A. Davidson 26th Annual Financial Institutions ConferenceGlobeNewswire
- Hanmi Bank Celebrates Grand Opening of its New Fort Lee, New Jersey Branch with Local Community [Yahoo! Finance]Yahoo! Finance
- Hanmi Bank Celebrates Grand Opening of its New Fort Lee, New Jersey Branch with Local CommunityGlobeNewswire
HAFC
Earnings
- 4/23/24 - Miss
HAFC
Sec Filings
- 5/9/24 - Form 8-K
- 5/3/24 - Form 10-Q
- 4/25/24 - Form 8-K
- HAFC's page on the SEC website